Driven by continued growth in the anti-virus software market, worldwide security software revenue totalled $US7.4 billion in 2005, a 14.8 per cent increase from 2004 revenue of $US6.4 billion, according to Gartner. Antivirus software revenue totalled $US4 billion in 2005, and it accounted for 54.3 per cent of the total security software industry.

Worldwide capital equipment spending is set to grow by 66 percent in 2004. However, despite this strong growth, the industry will begin to experience a downward cycle in 2005, according to Gartner Inc. Capital equipment spending in 2005 is projected to decline by 0.6 percent.

Veritas Software on Wednesday announced that the company has joined the Open Source Development Labs (OSDL) and will participate in its Data Center Workgroup. By participating in OSDL, Veritas is furthering its Linux commitments to customers, and accelerating the process of making Linux enterprise-ready.

Symantec recently announced Symantec Brightmail Anti-Spam Version 6.0. The new solution is designed to further protect enterprises from the latest spamming techniques, by providing new non-English language filters and powerful administration enhancements.

IBM and SAP have formed an alliance in the retail industry which they claim will allow retailers to make more efficient use of existing applications, while reducing ICT infrastructure costs and supporting new technologies, such as radio frequency identification (RFID).

A global distributor of networking technology products, Datatec’s Westcon Group, has announced that Thomas E. Dolan, co-founder of the company, executive vice-president and a member of the board of directors, has been named president and CEO. Westcon is the parent company of local networking distributor, Lan Systems.

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